USDSEK

USDSEK is the symbol for the pair quote which reflects the ratio of the US dollar to the Swedish krona. This trading instrument belongs to the category of exotic currency pairs. The chart of the exchange rate of the US national currency to the Swedish krona is similar in character to the movement of the US dollar / Norwegian krone pair. Both trading assets are characterized by the rapid and sharp movements during the day. Thus, the main features of USDSEK pair are high volatility, which on average reaches more than 500 points, and unpredictability, which is most typical for the time periods from H1 to H4.
The pair consists of national currencies of countries whose economies are significantly different. A leading role in the structure of the US economy is played by services sector and international trade followed by industry. Sweden's economy is primarily export-oriented. The country supplies raw materials (timber, iron ore and derivatives) and cars.
The main factors influencing the USD / SEK quotes are prices of iron ore and timber as well as the cost of oil on the world raw materials market. In addition, the macroeconomic indicators of both countries (trade balances, labor market data, inflation indicators and GDP) and the political situation in the European Union and the United States are of importance.
One can successfully trade USD / SEK and earn a high profit while adopting short and medium-term strategies.
Online quotes for USD/SEK are presented below.

Risk warning: Trading in FX and CFDs entails high risk of losing capital.

Sell

Buy

Mood

1-day change

9.15155

9.14027

N/A

Buy

+0.0288(+0.32%)

The rate of USDSEK (USDSEK) currency pair for today is $9.15155. The highest cost of USDSEK (USDSEK) for today was $9.1517, the lowest rate was $9.0795. The opening price: $9.1166. The quotes chart of USDSEK (USDSEK) currency pair in real time is presented below.

Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and taking into account your investment objectives and level of experience. Click here for our full Risk Disclosure.